Bocom's Hong Sees China Growth Likely to Moderate in 2H

The video discusses economic indicators such as credit growth and M2 growth, highlighting a moderating trend in growth numbers. It examines the impact of shadow banking and financial regulations on the economy, noting a shift towards a market-driven financial system with increased IPOs and bond offerings. The discussion emphasizes the rising financing costs for firms in the Chinese economy.

What shift in the financial system is suggested in the text?

What are the implications of rising credit spreads for firms in the Chinese economy?